Gol...Silver Rush?

Silver just topped $30 on spot pricing today.  It was poking around at $18 an ounce just 4 four months ago and $15 earlier this year.

U.S. silver futures rose above $30 an ounce on Monday, gaining more than 2 percent as gold's rally—along with strong demand from momentum traders and retail investors—lifted the metal to its highest level since 1980.

U.S. March silver futures climbed above $30 on the Comex division of the Nymex, having earlier rose as high as $30.085.

Interesting bubbles we're having here.  Banks have had big positions in gold and silver for a while now and they've got a lot of extra cash to play with to affect commodity positions. Looks like copper may be next.

[UPDATE] Gold also hit an all time nominal spot high of $1,427 an ounce today.